$430 ▲ +3.6%
Higher than 80% of state electorate areas.
- 2011: $415
- 2016: $462
- 2021: $430
Median weekly rent paid by households renting their home.
Albert Park (Southern Metropolitan) · State Electorate
Housing & Dwellings in Albert Park (Southern Metropolitan)
Where and how people live — the homes, how they are held, and what they cost.
More than half of all households in Albert Park rent their homes, a rate far above the national figure. This area is dominated by flats and apartments, which helps explain why typical housing costs are much higher than in most other areas.
$430
▲ +3.6%
- $100–$118: 6 areas
- $118–$136: 1 area
- $136–$154: 0 areas
- $154–$171: 0 areas
- $171–$189: 4 areas
- $189–$207: 6 areas
- $207–$225: 10 areas
- $225–$243: 10 areas
- $243–$261: 21 areas
- $261–$279: 6 areas
- $279–$296: 16 areas
- $296–$314: 45 areas
- $314–$332: 33 areas
- $332–$350: 16 areas
- $350–$368: 38 areas
- $368–$386: 58 areas
- $386–$404: 44 areas
- $404–$421: 30 areas
- $421–$439: 21 areas
- $439–$457: 18 areas
- $457–$475: 12 areas
- $475–$493: 12 areas
- $493–$511: 6 areas
- $511–$529: 3 areas
- $529–$546: 3 areas
- $546–$564: 2 areas
- $564–$582: 4 areas
- $582–$600: 8 areas
All state electorate areas, 2021. The marker is Albert Park (Southern Metropolitan) — higher than 80% of areas.
| Albert Park (Southern Metropolitan) | $430 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
The typical weekly rent of $430 is much higher than most areas, while typical monthly mortgage payments of $2,167 are also well above the national figure. While rent has risen since 2011, typical mortgage payments fell by $210 over that same period.
$2,167 ▼ -8.8%
Higher than 80% of state electorate areas.
- 2011: $2,377
- 2016: $2,170
- 2021: $2,167
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Albert Park (Southern Metropolitan), the largest group is $350–$549 at 48%, followed by $200–$349 (18%) and $550–$749 (17%).
Monthly mortgage distribution
View on map →Albert Park (Southern Metropolitan) splits fairly evenly between $3,000 or more (34%) and $1,800–$2,999 (31%), with $1,000–$1,799 at 23%.
Owning & renting
How homes are owned or rented.
Renting is very common here, with 54.5% of households renting, which is far above the Victorian figure of 28.5%. Meanwhile, the share of homes owned outright is far below the state and national averages at just 20.3%.
54.5% ▲ +4.4%
Higher than 95% of state electorate areas.
- 2011: 52.2%
- 2016: 54.1%
- 2021: 54.5%
Share of occupied private dwellings that are rented.
20.3% ▼ -5.2%
Lower than 88% of state electorate areas.
- 2011: 21.4%
- 2016: 20.5%
- 2021: 20.3%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Albert Park (Southern Metropolitan), Rented is the majority at 54%; Owned with a mortgage is next at 23%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Flats and apartments make up 70.3% of homes, leaving separate houses at just 5.0%, which is far below the national average. Because so many homes are small, the number of people per bedroom is well above the national figure.
1.00 ▼ -16.7%
Higher than 93% of state electorate areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
5.0% ▼ -60.2%
Lower than 99% of state electorate areas.
- 2011: 12.5%
- 2016: 5.3%
- 2021: 5.0%
Share of occupied private dwellings that are separate houses.
26.9% ▼ -11.6%
Lower than 99% of state electorate areas.
- 2011: 30.5%
- 2016: 27.6%
- 2021: 26.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Albert Park (Southern Metropolitan), Flat or apartment is the majority at 70%; Townhouse / semi-detached is next at 23%.
Bedrooms per home
View on map →In Albert Park (Southern Metropolitan), the largest group is 2 bedrooms at 47%, followed by 1 bedroom (24%) and 3 bedrooms (22%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Albert Park (Southern Metropolitan)
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Albert Park (Southern Metropolitan) [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED20106/albert-park/topic/housing-dwellings